Hansen, the lead investor for the Seattle group, told the NBA Friday he will raise his bid on the Kings franchise to $625 million, an increase of $75 million on his previous bid, according to the report.
Whether this new bid has any effect is debatable, because the NBA's relocation committee already voted to deny the move of the franchise. A final vote by the owners on the issue is scheduled for May 15.
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Health concerns are likely to prevent Chicago Bulls forward Luol Deng from returning to be a factor in the Eastern Conference semifinals against Miami.
Deng said he's lost 15 pounds (6.8 kilograms) and remains weakened by a spinal tap procedure.
Meanwhile, Bulls forward Taj Gibson was fined $25,000 for verbal abuse of a game official, the NBA announced hours before Game 3.
The incident occurred in the fourth quarter of Chicago's 115-78 loss Wednesday.
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The Philadelphia 76ers hired Houston Rockets executive Sam Hinkie to be their new general manager, multiple media outlets reported.
Hinkie will replace Tony DiLeo, and Hinkie will have full control of the Sixers' basketball operations. An official announcement is expected in the next few days.
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The Minnesota Timberwolves waived guard Brandon Roy.
Roy had seven knee surgeries during his career and came out of retirement this season.
Roy averaged 5.8 points in five games in November before having surgery. He had a setback while recovering and was unable to play any more games.
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A judge this week temporarily blocked Kobe Bryant's mother from auctioning off some of the Los Angeles Lakers star's basketball memorabilia, according to TMZ.com.
Last month, Bryant's lawyers ordered New Jersey-based Goldin Auctions to cease-and-desist selling off the items, the online auction house filed a lawsuit against Bryant.
Bryant's mother sold the items to Goldin Auctions.
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The New Orleans Pelicans announced that guard Eric Gordon had successful arthroscopic surgery on his left ankle.
The surgery was performed alleviate pain caused by particles of scar tissue. Gordon is expected to immediately begin rehab and return to basketball activities sometime this summer.
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New York Knicks guard J.R. Smith was fined $5,000 by the NBA for flopping during Game 1 of the series against the Indiana Pacers.
Smith got the call when he acted as though he was hit hard by the Pacers David West when trying to get through a West pick. Even though West was called for a foul on the play, the league ruled that Smith flopped.
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